Greece is ending early retirement from the public sector before the age of 62 years with a reduced pension at the end of the year.
According to the proposed regulation, state workers who established a pension right up to December 31, 2012, having completed 25 years of service by then, will continue to have the right to retire with a reduced pension until December 31, 2022, in accordance with the age limits applied to these categories in 2021.
The new provision included in the insurance draft law, is expected to be voted by parliament in the coming weeks, AMNA reported.
Those civil servants who make the cut within this year will not need to rush, as they will be able to exercise their right to early retirement at any time, even from January 1, 2023 onwards.
The relevant Labor Ministry provision concerns both civil servants who had already submitted applications and got “blocked” by the State General Accounting Office, and those who manage to complete the required age limit by the end of the year and submit a retirement application.
Neos Kosmos will be following up on the new regulations affecting those currently living overseas who hold Greek citizenship and having worked in Greece as civil servants, were entitled to an early pension.
The new provision will not affect dual citizens who have already retired on a reduced pension.
